NOT LISTED FOR SALE
Studio
-- Bath
3,703 Sq Ft
1,742 Sq Ft

About This Home

Introducing a rare investment opportunity in bustling Sunset Park – a well-maintained mixed-use brick building featuring two spacious residential units over a high-income-producing commercial space. This property offers the perfect blend of stability, location, and long-term upside. The top-floor apartment boasts 3 bedrooms, while the second-floor unit offers 2 bedrooms – both in excellent condition with generously sized rooms, ample closet space, and abundant natural sunlight pouring in through oversized windows. Each unit has been meticulously maintained, making this an ideal option for owner-users or investors. The ground floor features a fully leased commercial unit currently occupied by a thriving pizzeria, generating strong monthly rental income of $7,200. The commercial tenant also covers 75% of the water bill, offering additional relief to the building owner. A brand-new roof adds even more value and peace of mind for years to come. Ideally situated near 5th Avenue, you’ll find an array of local favorites including grocery stores, cafes, bakeries, and banks. Just minutes to Industry City, Costco, and Sunset Park’s famed waterfront. The property is close to the D, N, and R trains, ensuring an easy commute to Manhattan and Brooklyn’s major hubs. Nearby schools, parks, and community centers make this a strong draw for both families and professionals. Whether you’re looking to live, invest, or both – this is the kind of versatile asset that checks all the boxes.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2005
Sold by
Cavallino Gaetano and Perez Edward
Bought by
M & S Saez Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$224,309
Interest Rate
5.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 2000
Sold by
Cavallino Joseph and Cavallino Gaetano
Bought by
Cavallino Gaetano and Perez Edward
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
M & S Saez Llc $600,000 --
M & S Saez Llc $600,000 --
Cavallino Gaetano -- Fidelity National Title Ins
Cavallino Gaetano -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M & S Saez Llc $450,000
Closed M & S Saez Llc $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2025 11/03/25 For Sale $2,175,000 0.0% $587 / Sq Ft
10/31/2025 10/31/25 Off Market $2,175,000 -- --
09/01/2025 09/01/25 Price Changed $2,175,000 -1.1% $587 / Sq Ft
07/26/2025 07/26/25 For Sale $2,200,000 -- $594 / Sq Ft

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $30,934 $295,200 $95,850 $199,350
2024 $30,934 $303,300 $95,850 $207,450
2023 $31,283 $293,850 $95,850 $198,000
2022 $14,906 $277,200 $95,850 $181,350
2021 $26,949 $252,000 $95,850 $156,150
2020 $16,514 $333,900 $95,850 $238,050
2019 $25,533 $325,350 $95,850 $229,500
2018 $19,903 $328,500 $95,850 $232,650
2017 $12,886 $281,700 $95,850 $185,850
2016 $7,557 $252,450 $95,850 $156,600
2015 $3,154 $26,224 $9,974 $16,250
2014 $3,154 $24,740 $11,284 $13,456
Source: Public Records

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